Does anyone remember the last time we had a great economy, back in the late 90s with the dot-com boom? Then that bubble burst and we had a recession from like 2001-2003. Seems like that one wasn't as bad, and didn't get as much press. Then we came out of that with the housing bubble, and when it burst we ended up in the mess we're in today.
I'm starting to come around to this school of thought that the governments of the world can control the economy about as well as they can control the weather. I have this pessimistic view that any growth faster than the sluggish growth we're seeing is only gonna pave way for the NEXT bubble and resulting recession.